DRDGold Ltd (NYSE:DRD)
$ 8.9984 0.2684 (3.07%) Market Cap: 775.21 Mil Enterprise Value: 619.94 Mil PE Ratio: 11.38 PB Ratio: 2.26 GF Score: 85/100

Full Year 2022 DRDGOLD Ltd Earnings Call Transcript

Aug 24, 2022 / 08:00AM GMT
Release Date Price: $6.06 (-0.98%)
Daniel Johannes Pretorius
DRDGOLD Limited - CEO & Executive Director

Good morning, everybody, and thank you very much for joining us for our results presentation for the year ended 30th June 2022. I'm Niel Pretorius; and joining me is Riaan Davel, who is our Chief Financial Officer; and Jaco Schoeman, who is the Chief Operating Officer.

Now I would like to provide a little bit of context before we kick off. Just in terms of the year, it's certainly been a year like no other. We're almost at a point where we -- with a sigh of relief saying, we made it through another winter. Just in terms of local context, the beginning of the year was deeply unsettling with some of the riots that we saw in KwaZulu-Natal threatening to spill over into Gauteng. We also saw how vulnerable we were in terms of just logistics into Gauteng from the coast with the collapse of Transnet and our overreliance on road transportation.

Globally, what we're witnessing is more and more uncertainty against the backdrop of the war in Ukraine and Russia, an increase in international tension. We're seeing economic

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